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Nepal Rastra Bank Issues Rs. 20 Arba Reverse Repo for the Fourth Time

Earnmoney.com.np / July 4, 2023

Nepal Rastra Bank (NRB) has responded to the accumulation of excess liquidity in the banking system by issuing another reverse repo. After previously issuing reverse repos on two separate occasions, NRB has now introduced Rs. 20 Arba on Tuesday. The reverse repo is a monetary tool utilized to absorb surplus liquidity and bring stability

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would you buy in this case? previous resistance break garyo, volume increasing, but, RSI 70 xa, overbought dekhako xa, but, microfinance sabai badiraxa aile well over 70…what would you do?

Nepal Rastra Bank Issues Rs. 20 Arba Reverse Repo for the Fourth Time